Tax That Vice

Will the government’s desperate need for revenue lead to the legalization and taxation of drugs? Read the Ereakonomics Blog at The New York Times, What Prohibition Can Teach Us About Marijuana Legalization — and Other Tales From Last Call Author Daniel Okrent.

Don't laugh, "[a]ccording to an estimate by the Joint Tax Committee, legalizing and taxing online gambling could raise up to $42 billion in revenues over the next decade." Think, who is your numbers bookie?